Stock Power Contract Clauses (40)
Grouped Into 2 Collections of Similar Clauses From Business Contracts
This page contains Stock Power clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Stock Power. Participant shall deliver to the Company a stock power, endorsed in blank, with respect to the Restricted Stock. The Company shall use the stock power to cancel any shares of Restricted Stock that do not become Vested. The Company shall return the stock power to Participant with respect to any shares of Restricted Stock that become Vested.
Found in
Parkway Acquisition Corp. contract
Stock Power. With respect to any Shares that are forfeited in accordance with Paragraph 7 or withheld in accordance with Paragraph 13, the Participant hereby irrevocably appoints the Company's Chief of Executive Officer and the Company's Secretary as the Participant's attorneys to transfer any forfeited Shares on the books of the Company with full power of substitution in the premises. The Company's Chief Executive Officer and Secretary shall use the authority granted in this Paragraph 11 to cancel any Share...
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